Lion Posim Berhad reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 203.58 million compared to MYR 203.81 million a year ago. Net income was MYR 12.03 million compared to MYR 1.56 million a year ago. Basic earnings per share from continuing operations was MYR 0.0528 compared to MYR 0.0068 a year ago. Diluted earnings per share from continuing operations was MYR 0.0528 compared to MYR 0.0068 a year ago.
For the full year, sales was MYR 755.14 million compared to MYR 838.77 million a year ago. Net income was MYR 12.88 million compared to MYR 0.659 million a year ago. Basic earnings per share from continuing operations was MYR 0.0565 compared to MYR 0.0029 a year ago. Diluted earnings per share from continuing operations was MYR 0.0565 compared to MYR 0.0029 a year ago.